Isaac Sinclair, Jonathan Hassler, Luke Stump, Joshua Beason, Minh Nguyen, Angie Pacitti, Nathan Greene

Introduction

• Chevron is one of the leaders in the oil and energy industry
• Chevron has been struggling in recent years due to dropping oil and gas prices
• Our strategy seeks to capitalize on the Chinese market for natural gas
• Our strategy will make Chevron go from an already great company to an even greater one

Mission and Vision

• At Chevron, our team of diverse and talented associates and partners use of efficient technologies in developing sustainable, environmentaly responsible energy that improves the lives of our customers and powers the world
• Chevron's vision is to be a global leader in sustainable, environmentally conscience energy

Current Operations

• Upstream exploration and production
• Midstream transportation, power and trading
• Downstream manufacturing and retail
• Natural gas is a growing segment of Chevron's energy portfolio
• Operating in six continents

IFE

EFE

SWOT

Recommendations

• Penetrate the natural gas market in China
• Build a shale gas refinery on the Tarim Basin
• Concentrate upstream production and exploration for natural gas in China
• Work in conjunction with CNPA for shared use of Chinese natural gas pipeline
• Increase the export of shale gas from Chevron Tengiz into China to fund refinery costs and increase public relations

Total Cost Expenditures

Projected Financials

Financial Support for Strategy

• Company revenue will increase to $166,613.22 million
• Net income will increase to $25,118.44 million
• Boost cash and cash equivalents to $19,736.52 million
• Accounts receivable and notes receivable will reach $14,203.21 million
• More inflows to allocate for expenses
• EPS and ROE will increase attracting more investors to gain working capital

Conclusion

• This strategy will bring the supply, technology, and production of shale gas that will meet China's increasing demand
• Emphasis on gas being made in China for China
• Expanding into the Chinese market will allow Chevron to become the global leader in natural gas production